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Canaan Makes Statement Regarding Shelf Registration Submission
Prnewswire· 2024-04-19 14:12
SINGAPORE, April 19, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has filed a universal shelf registration statement on Form F-3 (File No. 333-278762) with the United States Securities and Exchange Commission (the "SEC") on April 17, 2024. The Company believes it is prudent to file the shelf registration statement as a matter of standard corporate procedure and to streamline any response to future ...
Canaan Shines at Blockchain Life 2024 in Dubai
Prnewswire· 2024-04-18 14:53
DUBAI, UAE, April 18, 2024 /PRNewswire/ -- Canaan Inc. (Nasdaq: CAN), the creator of ASIC Bitcoin miners, captured the spotlight at the highly anticipated Blockchain Life 2024 event in Dubai, UAE, on April 15th-17th. Canaan introduced its cutting-edge One-Stop Mining Solutions, flagship Avalon miners, the eye-catching Avalon Nano 3 which designated to revolutionize accessible Bitcoin mining for all. Canaan also emphasized strategies of green mining of Bitcoin in the Middle East. (Source: Canaan's booth i ...
Why Is Canaan (CAN) Stock Down 21% Today?
InvestorPlace· 2024-04-18 12:37
Canaan (NASDAQ:CAN) stock is falling on Thursday following the release of the crypto mining equipment company’s annual report for 2023.Canaan’s annual report includes several warnings about its business operations. The company is closely tied to Bitcoin (BTC-USD) as its miners are designed for that network. They can also mine Bitcoin Cash (BCH-USD) as it uses the same system.Canaan also notes that other dangers to its business include a potential change to the Bitcoin system that would leave its miners inop ...
Canaan Inc. Files 2023 Annual Report on Form 20-F
Prnewswire· 2024-04-17 20:28
SINGAPORE, April 17, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 17, 2024. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at https://investor.canaan-creative ...
Canaan(CAN) - 2023 Q4 - Annual Report
2024-04-17 20:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...
Canaan's RISC-V based edge AIoT SoC adopted VeriSilicon's ISP and GPU IPs
Businesswire· 2024-03-14 00:00
SHANGHAI--(BUSINESS WIRE)--VeriSilicon (688521.SH) today announced the integration of its Image Signal Processor (ISP) IP ISP8000, DeWarp Processor IP DW200, and 2.5D Graphics Processor Unit (GPU) IP GCNanoV into Canaan’s K230 chip, the world’s first commercial mass production edge AIoT chip supporting the RISC-V Vector 1.0 standard. This collaboration marks a significant advancement in the high-precision, low-latency edge AIoT solutions for a wide range of intelligent products, such as large-model and mult ...
Canaan(CAN) - 2023 Q4 - Earnings Call Transcript
2024-02-27 17:34
Canaan Inc. (NASDAQ:CAN) Q4 2023 Earnings Conference Call February 27, 2024 8:00 AM ET Company Participants Clark Soucy - IR Director Nangeng Zhang - Chairman and CEO James Cheng - CFO Conference Call Participants Shuang Sun - Guosheng Securities Lucas Pipes - B. Riley Kevin Dede - H.C. Wainwright Michael Legg - The Benchmark Company Operator Ladies and gentlemen, thank you for standing by and welcome to Canaan Inc.'s Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants ...
Canaan(CAN) - 2023 Q4 - Earnings Call Presentation
2024-02-27 14:27
Q4 2023 Results February 27, 2024 Chairman & CEO CFO NG Zhang James Cheng Safe Harbor Statement ...
Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results
Prnewswire· 2024-02-27 12:47
SINGAPORE, Feb. 27, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months and twelve months ended December 31, 2023. Fourth Quarter 2023 Operating and Financial Highlights Total computing power sold was 5.5 million Thash/s, representing an increase of 45.7% from 3.8 million Thash/s in the third quarter of 2023 and an increase of 191.9% from 1.9 million Thash/s i ...
Canaan(CAN) - 2024 Q1 - Quarterly Report
2024-02-26 16:00
Exhibit 99.1 Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results Singapore, February 27, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading highperformance computing solutions provider, today announced its unaudited financial results for the three months and twelve months ended December 31, 2023. Fourth Quarter 2023 Operating and Financial Highlights Total computing power sold was 5.5 million Thash/s, representing an increase of 45.7% from 3.8 ...